Restaurant/cafe for sale in Windmill Lane, Smethwick B66, £74,950

74,950.00

Offer Nr.:
62376758
Type of ad:
for Sale
Property type:
Restaurant/cafe
Contact name:
Veritas Business Sales Ltd
Phone(s):
0121 721 9902

* Established Business
* Fish & Chip Takeaway & Grill
* Fully Fitted & Newly Refurbished
* Prominent Main Road Location
* Further Potential
Leasehold Fish & Chip Takeaway & Grill Located In Cape Hill
Fully Fitted & Newly Refurbished
Ref 2770
Location
This established and unopposed Fish & Chip Takeaway & Grill is located in Cape
Hill, Smethwick in the West Midlands. Situated within a prominent and highly
visible corner trading position on Windmill Lane. Adjacent to the Windmill
Retail Park which offers an abundance of large blue chip retailers to include
Asda Supermarket, Matalan, Iceland, Costa Coffee, Boots, Home Bargains, jd
Sports, Shoe Zone and Pure Gym. All of which bring high levels of footfall to
the area. Nearby you have the new Midland Metropolitan Hospital development
which is a £650 million pound super hospital due to open in 2023. The area is
densely populated with residential housing has plenty of business and industry
and is well served by public transport. Birmingham City centre is (3 miles).
Leasehold Asking Price: £74, 950 plus sav (£5, 000)
Business Description
Veritas Business Sales offer to the market this delightful Fish & Chip
Takeaway & Grill which is located in Cape Hill. The business has been
established for over 30 years and was transformed into what you see today back
in May 2021. After an extensive refit they started trading in March 2022 and
are now offering the business for sale due to unforeseen family problems.
Since ownership they have refurbished, redecorated and installed brand new
equipment along with fixtures & fittings which are all bought and paid for and
included within the sale price which is a huge plus for any new purchaser as
additional funds will not need to be spent for some time. Mr Shaks is overseen
by the owner but operated daily by a team of 2 full time and 2 part time
members of staff and has an average weekly turnover of circa £5, 000.
Approximately £4, 000 is walk - in trade and the remaining £1, 000 comes from the
on - line delivery portals Just Eat & Uber Eats. They serve a fine range of fish
& chips, along with, pies, patties, saveloys, condiments, kebabs, handmade
burgers, southern fried chicken, Indian grilled food, wraps and cold drinks.
We believe that a new purchaser could enhance turnover by expanding the
current opening times. This is a superb opportunity to purchase an established
takeaway which is fitted out to a very high standard which is a great base to
build upon and as such early viewing is highly recommended.
Opening Times
Monday - Saturday - 12. 00pm - 11: 00pm
Sunday - 4. 00pm - 10: 30pm
Leasehold
Term: 15 years
Remaining: 14 years
Rent: £230 per week/ £11, 960 pa
Reviewed: 3 yearly
Rates: Zero
Ground Floor
Takeaway comprising: Serve over split 3 pan range with 3 x chip boxes & 2 x
warming cabinets (Henry Nuttall), cash register, 5 x digital menu boards, 2 x
metal shelves, upright drinks fridge (Coca - Cola), 2 x 3 pot wet bain - marie's,
3 x kebab machines (Easy cut), 3 x kebab meat shavers, automatic
chargrill/griddle (Rotaquite), stainless steel worktop with 4 ring gas hob
(Cooke & Lewis), stainless steel worktop with shelf, wash basin, stainless
steel double sink drainer, metal shelf, wall mounted metal storage cupboard,
automatic rotary gas tandoori oven (Rotoquip), 2 x extraction canopies,
chicken fryer (Mother Clucker), stainless steel fish fridge (Unifrigo)
stainless steel double door fridge (iarp), stainless steel double door freezer
(iarp), potato chipper (Bold), potato peeler (Crypto Peerless), dough mixer
(Adexa), vegetable cutter (Buffalo), batter mixer (Bold), stainless steel
table, stainless steel sink, wall mounted knife rack, metal shelf, hot water
tank (Hurricane) and 4 x plastic chip bins.
Potato storeroom with side/rear exit door.
W/C with wash basin and cloak area.
The premises benefits from CCTV (8 camera system and an intruder alarm.
External
Frontage with space for tables & chairs to seat (4).
EPC Rating E

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